According to The Kobeissi Letter, the influx of retail investors since the pandemic has significantly impacted stock market trends, especially during major pullbacks like those seen in 2024. Data from The Kobeissi Letter highlights that increased retail participation has contributed to heightened trading volumes and liquidity, influencing price recoveries after market downturns (source: The Kobeissi Letter, April 25, 2025). This trend suggests traders should monitor retail-driven momentum, as it can create rapid shifts in volatility and short-term opportunities in both equities and related crypto markets.